Would just like to mention...if you are looking at this...you would need to consider that the signal candle is 2 candles AFTER the last fractal of the sequence.
My recommendation is to set the pending based on this candle at either the high or the low with a bit of filter, or even at the next 00 level.
Currently, i have a modified version of Fbob running with pending and expiry set as 1 hour.
Will see what happens.
Cheers
Great, spi. Yhanks. I will do nothing until you come to some conclusions.
Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
double CalculateLotSize(double price1, double price2)
{
//Calculate the lot size by risk. Code kindly supplied by jmw1970. Nice one jmw.
// if (price1 == 0 || price2 == 0) return(Lot);//Just in case
double FreeMargin = AccountFreeMargin();
// double TickValue = MarketInfo(Symbol(),MODE_TICKVALUE) ;
// double LotStep = MarketInfo(Symbol(),MODE_LOTSTEP);
// double SLPts = MathAbs(price1 - price2);
// SLPts/= Point;//No idea why *= factor does not work here, but it doesn't
// double Exposure = SLPts * TickValue; // Exposure based on 1 full lot
// double AllowedExposure = (FreeMargin * RiskPercent) / 100;
// int TotalSteps = ((AllowedExposure / Exposure) / LotStep);
// double LotSize = TotalSteps * LotStep;
double lotstep = MarketInfo(Symbol(), MODE_LOTSTEP);
int lotPrecision;
if (lotstep >= 1) lotPrecision = 0;
else if (lotstep >= 0.1) lotPrecision = 1;
else if (lotstep >= 0.01) lotPrecision = 2;
else lotPrecision = 3;
double LotSize = NormalizeDouble(FreeMargin / 10000 * RiskPercent, lotPrecision);
double MinLots = MarketInfo(Symbol(), MODE_MINLOT);
double MaxLots = MarketInfo(Symbol(), MODE_MAXLOT);
if (LotSize < MinLots) LotSize = MinLots;
if (LotSize > MaxLots) LotSize = MaxLots;
return(LotSize);
}//double CalculateLotSize(double price1, double price1)
Regards
José Luis
Many thanks José Luis - much appreciated. Much clearer than the original. I shall include this in the next update. Nothing for non-coders to bother about here guys - you will not notice any difference.
Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
double CalculateLotSize(double price1, double price2)
{
//Calculate the lot size by risk. Code kindly supplied by jmw1970. Nice one jmw.
// if (price1 == 0 || price2 == 0) return(Lot);//Just in case
double FreeMargin = AccountFreeMargin();
// double TickValue = MarketInfo(Symbol(),MODE_TICKVALUE) ;
// double LotStep = MarketInfo(Symbol(),MODE_LOTSTEP);
// double SLPts = MathAbs(price1 - price2);
// SLPts/= Point;//No idea why *= factor does not work here, but it doesn't
// double Exposure = SLPts * TickValue; // Exposure based on 1 full lot
// double AllowedExposure = (FreeMargin * RiskPercent) / 100;
// int TotalSteps = ((AllowedExposure / Exposure) / LotStep);
// double LotSize = TotalSteps * LotStep;
double lotstep = MarketInfo(Symbol(), MODE_LOTSTEP);
int lotPrecision;
if (lotstep >= 1) lotPrecision = 0;
else if (lotstep >= 0.1) lotPrecision = 1;
else if (lotstep >= 0.01) lotPrecision = 2;
else lotPrecision = 3;
double LotSize = NormalizeDouble(FreeMargin / 10000 * RiskPercent, lotPrecision);
double MinLots = MarketInfo(Symbol(), MODE_MINLOT);
double MaxLots = MarketInfo(Symbol(), MODE_MAXLOT);
if (LotSize < MinLots) LotSize = MinLots;
if (LotSize > MaxLots) LotSize = MaxLots;
return(LotSize);
}//double CalculateLotSize(double price1, double price1)
Regards
José Luis
The formulas doesn't use "tickvalue" (it's commented out), so does that mean we will get the same lot size for all pairs, which means some will actually carry more (or Less) risk than intended?
I'm also have this running on one pair USDCHF on a very small account trying how much can it make it profit...
The answer? Excellent!!! See my signature :hi:
patmontes » Thu Sep 25, 2014 9:22 pm wrote:I'm also have this running on one pair USDCHF on a very small account trying how much can it make it profit...
The answer? Excellent!!! See my signature :hi:
Hi Pat,
What's the tf of the usdchf pair and setting for profit taking and sl?
patmontes » Thu Sep 25, 2014 9:22 pm wrote:I'm also have this running on one pair USDCHF on a very small account trying how much can it make it profit...
The answer? Excellent!!! See my signature :hi:
Hi Pat,
What's the tf of the usdchf pair and setting for profit taking and sl?
15min TF 20 pip distance from sma 10/20 pip distance from profit/loss trades. Close at 1.3 cash profit I think.
My JPY pairs crashed... small balance of 300 can't hold much for 7pair trading...good thing it's demo.. and lesson learned in knowing how much can a small account handle.
